Tag Archives : Pantech

Samsung Buys 10% Of Korean Competitor Pantech For US $48 Million

Samsung Buys 10% Of Korean Competitor Pantech For US $48 Million

South Korean giant Samsung has bought a 10 percent stake in rival and South Korea’s third largest mobile phone company Pantech according to reports by TheNextWeb . The purchase was done for a reported sum of 53 billion won or $48 million, Pantech is also Samsung’s component customer, this deal will solidify  the relationship between the South Korean companies and help joint research and development. Samsung’s [...]
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